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Economics News July 8, 2024

8 thg 7, 2024

US Stock Market Situation

The US stock market rose in Friday's trading session after the jobs report bolstered hopes that the Federal Reserve (Fed) is nearing the point of starting to cut interest rates. At the close, the S&P 500 increased by 0.54% to 5,567.19 points. The Nasdaq index rose by 0.9% to 18,352.67 points. Both indices also reached record intraday and closing highs. This is the 34th time this year that the S&P 500 has set a record closing high. The Dow Jones index increased by 67.87 points, or 0.17%, to close at 39,357.87 points.


US Treasury Bond Situation

The yield on the 10-year US Treasury bond rose slightly to 4.292%.


Dollar Index Situation

In the global market on the morning of July 8, the Dollar Index is currently at 104.93 points. The Dollar Index remained under pressure throughout last week.


Gold Situation

Global gold prices are trending upward, with spot gold increasing by $2.3 from last week's closing level to $2,391.9 per ounce.


Commodity Market Situation

According to data from Oil Price at 8:15 AM today (Vietnam time), Brent oil prices are listed at $86.45 per barrel, down 0.1% from the previous session. Meanwhile, WTI oil prices are at $82.93 per barrel, down 0.28% from the previous session.

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The U.S. stock market posted strong gains in Monday's trading session as investors looked for bargains following last week's sell-offs.

Economic News September 10, 2024

10 tháng 9, 2024

In August, rubber prices dropped to USD 1.603/kg due to weak demand from China, before slightly rebounding to USD 1.633/kg by the end of the month.

Rubber prices on the SICOM exchange fell by more than 6% in August

10 tháng 9, 2024

According to the Mercantile Exchange Of VietNam (MXV), strong buying pressure returned to the global commodity markets during the first trading session of the week (September 9).

Strong buying force pulled the MXV-Index up

10 tháng 9, 2024

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